Form 4: Westinghouse Air Brake Technologies Corp: Executive Vice President & CFO John A. Olin Reports Transaction
SEC Form 4
John A. Olin, Executive Vice President & CFO of Westinghouse Air Brake Technologies Corp (WAB), reports the acquisition of 9,815 shares of common stock and the disposal of 45,986 shares on March 6, 2024.
Summary
- On March 6, 2024, John A. Olin, the Executive Vice President & CFO of Westinghouse Air Brake Technologies Corp (WAB), reported a transaction.
- The transaction involved the acquisition of 9,815 shares of common stock.
- The transaction also involved the disposal of 45,986 shares of common stock.
- Following the reported transactions, the amount of securities beneficially owned is 45,986.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of earliest transaction: Acquisition of 9,815 shares and disposal of 45,986 shares. |
| 03/06/2024 | 30-day average closing price of Wabtec stock was $135.7189 per share. |
| 03/08/2024 | Date of signature by David L. DeNinno, POA for John Olin. |
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